Forex Opinion & Analysis

EUR/USDRisk reward: 2.09Trend: Strong DownSell at 1.2949 SL 1.2981 TP 1.2882USD/JPYRisk reward: 1.75Trend: UpBuy at 106.26 SL 105.94 TP 106.82GBP/USDRisk reward: 2.16Trend: Strong DownSell at 1.6153...

EUR/USD: Time to deal with the stretch. All short-term trend-following tools remain in negative positions but price action turned the back to trend yesterday and the 1.2990-1.3045 area looks exposed...

GBP/USD Open 1.6106 High 1.6158 Low 1.6058 Close 1.6104On Tuesday GBP/USD traded within 100 pip range. The Cable depreciated from 1.6158 to 1.6058 yesterday, in line with the negative money flow...

Australian Dollar and Asian Equities took the biggest hit. With Equities down in Asia and followed the theme from US yesterday there is enhance we'll see a continuation of this at European open....

The Aussie dollar took a dive over the last couple of days on the AUDUSD charts after some disappointing data. This has left the ranging pattern in tatters and could signal the start of a new bearish...

GBPUSD – Double Bottom + Pin Bar, Likely Pullback Coming After making marginal new lows yesterday, the GBPUSD formed a double bottom + pin bar off the key short term support at 1.6063 which you...

Talking Points:USD/JPY Technical Strategy: Flat Support: 105.77, 105.43, 105.04 Resistance: 106.44, 106.99, 107.54 The US dollar may be close to topping against the Japanese yen as prices...

Talking Points:EUR/USD Technical Strategy: Short at 1.3644 Support: 1.2864, 1.2794, 1.2708 Resistance:1.2981, 1.3057, 1.3104 The euro may be preparing to correct higher against the US...

The NZD/USD has been on quite a downward spiral since the Reserve Bank of New Zealand (RBNZ) expressed an intention to pause monetary tightening, following three consecutive rate hikes earlier this...

GBP/JPYDaily Pivots: (S1) 170.52; (P) 171.02; (R1) 171.52; The breach of 171.67 minor resistance suggested that the GBP/JPY has defended 169.53 key support successfully. Intraday bias is turned back...

We seem to have a really good forecast for our previous one on September 2nd with 6 out of the 7 pairs conforming to our predictions. The EUR/JPY was the only pair that didn’t reach our blue...

EUR/USDThe euro was hovering close to 14 month lows against the broadly stronger dollar on Tuesday as the diverging monetary policy stance between the Federal Reserve and the European Central Bank...

EUR/USD Daily Analysis: EU has fallen so far, so fast that selling simultaneously feels like a no brainer and a risky proposition as the threat of a bullish correction increases. Well, lets look at...

For the 24 hours to 23:00 GMT, the AUD weakened 0.75% against the USD to close at 0.9208.LME Copper prices declined 1.47% or $103.5 to $6937.0/MT. Aluminium prices declined 1.78% or $37.0/MT to...